Bitmine has purchased another 52,203 ETH worth about $90 million, bringing its holdings to 4.7% of Ethereum’s total supply. According to a company update released on Monday, Bitmine’s latest purchase increases its exposure to Ethereum despite continued weakness in the…
Bitmine's Ethereum accumulation now commands 4.7% of total ETH supply after a 52,203 token buy, staking $8.2 billion for a projected $223 million annual.